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What was the primary reason that farmers wanted the unlimited coinage of silver quizlet?

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What was the primary reason that farmers wanted the unlimited coinage of silver?

Bryan wanted the United States to use silver to back the dollar at a value that would inflate the prices farmers received for their crops, easing their debt burden. This position was known as the Free Silver Movement.

Why did populist farmers want silver instead of just gold to back the currency?

Free coinage of silver was another rallying cry of the populist party. The point of this policy was to give people a more accessible and stable currency. As it stood, gold was rare and expensive, making the debts of people like farmers [the main base of the populist party] hard to pay back.

Why did populists want to add silver to the money supply Please choose the correct answer from the following choices and then select the submit button?

Answer and Explanation: The Populist Party wanted free coinage of silver to expand the money supply and encourage investment.

Who does free silver benefit why quizlet?

Who does free silver benefit? Why? Mainly farmers because it would lower the value of money & cause inflation which would cause the price of farm goods they're selling to increase. Identify the economic & political grievances of late 19th century American farmers.

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What was the primary reason that farmers wanted the unlimited coinage of silver?

Why did populist farmers want silver instead of just gold to back the currency?

Why did populists want to add silver to the money supply Please choose the correct answer from the following choices and then select the submit button?

Who does free silver benefit why quizlet?

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